So AVG will no longer offer AVG Free after the new year...

I was thinking about purchasing it, but then i noticed that it is based on a subscription term(1 year), just like most of the others, which i think is complete bullshit. Is there any good AV's out there that don't require a yearly subscription? or another freeware comparable to AVG?

I have 7.1.409, so you're saying if i upgrade to 7.5 it will still be free? I got a message upon updating today that said "AVG Free" will no longer exist in 2007

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Yes.

This is from AVG's site.

GRISOFT is announcing a new version of the AVG Anti-Virus Free Edition. This new 7.5 version with improved performance and full compatibility with the latest Windows Vista version is available. Users that are using AVG Free 7.1 will be provided with a specific dialog, within the next few weeks, with the opportunity to choose the right option fulfilling their needs. AVG Free 7.1 version will be discontinued on 15th of Jan 2007.